Tomorrow’s finance leaders are helping redefine the CFO role as they navigate today’s macro challenges. This, as 64 companies in the Fortune 500 added a first-time chief financial officer to their C-suite ranks in 2022, per a recent report by the Wall Street Journal. PYMNTS has covered...
Corporate CFOs are spending less time in their jobs as responsibilities move beyond finance. It’s a trend that’s due to a change in corporate structure, but also because of an evolution of the job of chief financial officer beyond the “bean counter” role, CNBC reported...
The cost realities of today’s environment have CFOs shifting focus to their organization’s profitability basics. And as business leaders look to realize efficiencies and cut costs; answering the question of hybrid, remote, or full-time in-office employment policies is growing critical to reassessing internal spend. This,...
CFOs are leveraging technology and breaking down internal silos to build holistic organizational growth frameworks. Even in the face of macroeconomic headwinds, or perhaps especially in the face of them, organizations need to put in place the right infrastructure that can support both their near-...
In challenging macro environments, process improvements that power strategic capital allocation are becoming increasingly important. Richard Cheung, CFO at the world’s first 3D robotics supply chain company Attabotics, told PYMNTS that for his business, “the new challenge now is capital allocation — it’s extremely important...
CFO responsibilities are evolving alongside operational advancements and empowering today’s finance leaders to drive holistic growth. “A lot of what the CFO job at a fast-paced, high-growth company entails is helping the rest of the business move fast by making informed decisions that leverage trusted...
Savvy organizations are increasingly turning to the CFO office to drive operational resiliency across departments. In the face of market conditions such as inflation, supply chain disruptions and frothy capital market volatility, the role of finance and accounting teams is expanding to oversee cross-departmental coordination...
The cost realities of unfettered growth have CFOs shifting focus to their organization’s profitability basics. This, as the role of financial teams pivots more broadly to adding organizational value by helping other departments make faster and relevant data-driven decisions. PYMNTS’ Matt Nesto recently sat down...
In many ways, CFOs need to view their company’s operations as a forest rather than individual, departmental trees. This, as companies increasingly look to centralize decision-making processes and streamline their operations in order to provide greater actionable transparency over working capital requirements and other recession-ready...
